HRZ - Horizon Minerals

[finicky]

Equal highest daily volume in at least 2 years, price up 28%. But they wait until 2.20pm to announce a pause in trading.

 

[Dona Ferentes]

concentrating on their knitting:


Richmond Vanadium Technology (RVT) owns 100% of the Richmond Vanadium Project following Horizon Minerals Ltd (HRZ) completing a restructure of its 25% interest in the Project.

The Richmond Vanadium Project is one of the largest undeveloped oxide vanadium resources in the world with a Mineral Resource (JORC 2012) of 1.8Bt @ 0.36% for 6.7Mt V2O5. ....

Richmond Vanadium Technology has completed a Pre-Feasibility Study at the 1.8Bt Richmond Vanadium Project, which demonstrated a technically viable and financially attractive development project. ...

The IPO of RVT is in Dec 2022 and raised $35 million

 

[finicky]

Never thought I'd revisit this one. Gold bull percolating down to the crap explorers.
Price rallying above minor peaks made in the downtrend.

WEEKLY

 

[mullokintyre]

put in a small punt on HRZ.
No great data reasons, just a punt.
Mick

 

[finicky]

Should be good for a tax loss some day

 

[mullokintyre]

Should be good for a tax loss some day

Luv ya confidence @finicky .
mick

 

[mullokintyre]

HRZ awaitng the mining approval for the two open pits at Phillips Find.
Has a joint venture arrangement with BML to share the profits.
Low risk, but lower return.
They probably need the money.
I expect a bit of a boost when this comes through (assuming that scrag Plibersek does not come along and put the kybosh on it.).
Looking to get a quick trade out if this happens.
Mick

 

[mullokintyre]

sold my HRZ today on announcement that the Philips find is approved. and first ore produced at Borara.
Nice little profit for a quick turnaround.
Got lucky on a punt.
mick

 

[Garpal Gumnut]

I'm now in to this little beauty, I still can't work out what's holding the price down, but I thought I'd give it a go as a buy and forget punt. My first foray in to the Gold/Silver small cap exploration/producers this cycle.

Ashok Parekh, a good Irishman in Kalgoorlie, is non Exec Chairman and the finds and previous/present production are in posts above.

gg

 

[mullokintyre]

I'm now in to this little beauty, I still can't work out what's holding the price down, but I thought I'd give it a go as a buy and forget punt. My first foray in to the Gold/Silver small cap exploration/producers this cycle.

Ashok Parekh, a good Irishman in Kalgoorlie, is non Exec Chairman and the finds and previous/present production are in posts above.

gg

Mick